---------------------------------------------------------------------------------------------------------------------------------------
      name:  <unnamed>
       log:  C:\Users\Clara\Dropbox\Publications\hod_ JPR\Final_ISQ\Revisions\Final submission files\Final accepted\LOGS\HOD_Log_empiri
> cal_illustration.log
  log type:  text
 opened on:  16 Dec 2021, 15:47:43

. use Empirical_illustration_dataset.dta

. 
. asdoc xtreg logHAUSD logHAUSD1 logdensityNGO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 dac, fe replace nest

Fixed-effects (within) regression               Number of obs     =        741
Group variable: ccode                           Number of groups  =         37

R-sq:                                           Obs per group:
     within  = 0.4970                                         min =          1
     between = 0.7133                                         avg =       20.0
     overall = 0.6508                                         max =         26

                                                F(6,698)          =     114.96
corr(u_i, Xb)  = 0.2971                         Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3722428   .0351316    10.60   0.000     .3032666     .441219
      logdensityNGO_1 |  -1.138153    .295841    -3.85   0.000    -1.718998   -.5573084
logdisasterdeathcolo1 |  -.0248558   .0214524    -1.16   0.247    -.0669747     .017263
      logtradevalue_1 |   1.395834   .2589899     5.39   0.000     .8873414    1.904327
    loggdppercapita_1 |   .5177949    .179996     2.88   0.004     .1643965    .8711933
                  dac |   .8352828   .2927026     2.85   0.004     .2605997    1.409966
                _cons |  -28.73327   5.283446    -5.44   0.000    -39.10662   -18.35992
----------------------+----------------------------------------------------------------
              sigma_u |  1.3281551
              sigma_e |  1.0335599
                  rho |  .62282671   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(36, 698) = 4.05                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. 
. asdoc xtreg logHAUSD logHAUSD1 logdensityNGO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 i.year, fe  append nest

Fixed-effects (within) regression               Number of obs     =        741
Group variable: ccode                           Number of groups  =         37

R-sq:                                           Obs per group:
     within  = 0.5577                                         min =          1
     between = 0.6861                                         avg =       20.0
     overall = 0.6746                                         max =         26

                                                F(30,674)         =      28.33
corr(u_i, Xb)  = -0.4605                        Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3411855   .0362519     9.41   0.000     .2700053    .4123658
      logdensityNGO_1 |  -.6400806   .3023449    -2.12   0.035    -1.233732   -.0464295
logdisasterdeathcolo1 |   -.014346    .020929    -0.69   0.493    -.0554399    .0267479
      logtradevalue_1 |   2.633954     .33678     7.82   0.000      1.97269    3.295218
    loggdppercapita_1 |   .7630094   .2363624     3.23   0.001     .2989142    1.227105
                      |
                 year |
                1992  |   -.703376   .4254284    -1.65   0.099      -1.5387    .1319484
                1993  |  -.7091981   .4139811    -1.71   0.087    -1.522046    .1036496
                1994  |  -.8393271   .4072773    -2.06   0.040    -1.639012   -.0396422
                1995  |  -1.118062   .4018861    -2.78   0.006    -1.907161   -.3289629
                1996  |  -1.512089   .4050946    -3.73   0.000    -2.307488   -.7166894
                1997  |  -1.691892    .410428    -4.12   0.000    -2.497764    -.886021
                1998  |  -1.707446   .4174861    -4.09   0.000    -2.527176   -.8877161
                1999  |  -1.447017   .4207146    -3.44   0.001    -2.273086   -.6209482
                2000  |  -1.861933    .424304    -4.39   0.000    -2.695049   -1.028816
                2001  |  -2.187797   .4228173    -5.17   0.000    -3.017994   -1.357599
                2002  |  -1.828694   .4262378    -4.29   0.000    -2.665608   -.9917808
                2003  |  -1.743068   .4300514    -4.05   0.000     -2.58747    -.898667
                2004  |  -1.983974   .4361762    -4.55   0.000    -2.840401   -1.127546
                2005  |   -1.22236   .4510292    -2.71   0.007    -2.107951   -.3367687
                2006  |  -2.511081   .4576515    -5.49   0.000    -3.409675   -1.612486
                2007  |  -2.827953   .4798395    -5.89   0.000    -3.770113   -1.885793
                2008  |  -2.339729   .5020771    -4.66   0.000    -3.325552   -1.353905
                2009  |  -2.866635   .5078129    -5.65   0.000    -3.863721    -1.86955
                2010  |   -2.12159   .4871096    -4.36   0.000    -3.078025   -1.165155
                2011  |  -2.552002    .504126    -5.06   0.000    -3.541849   -1.562156
                2012  |   -3.09566    .522193    -5.93   0.000    -4.120981   -2.070339
                2013  |   -2.92116   .5322622    -5.49   0.000    -3.966252   -1.876069
                2014  |  -2.549911   .5370751    -4.75   0.000    -3.604453    -1.49537
                2015  |  -2.758823    .538491    -5.12   0.000    -3.816144   -1.701501
                2016  |   -2.92635   .5368956    -5.45   0.000    -3.980539   -1.872161
                      |
                _cons |  -62.42598   8.062256    -7.74   0.000    -78.25614   -46.59582
----------------------+----------------------------------------------------------------
              sigma_u |   1.532759
              sigma_e |  .98631959
                  rho |  .70717199   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(36, 674) = 4.96                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. asdoc xtreg logHAUSD logHAUSD1 logtotalYIO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 dac, fe replace nest

Fixed-effects (within) regression               Number of obs     =        689
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.3921                                         min =          1
     between = 0.8920                                         avg =       21.5
     overall = 0.7685                                         max =         26

                                                F(6,651)          =      69.97
corr(u_i, Xb)  = 0.3635                         Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .4022014     .03413    11.78   0.000     .3351832    .4692197
        logtotalYIO_1 |  -.2895588   .2438368    -1.19   0.235    -.7683602    .1892426
logdisasterdeathcolo1 |  -.0237788   .0186026    -1.28   0.202    -.0603072    .0127496
      logtradevalue_1 |   .5145825   .1899566     2.71   0.007     .1415809    .8875842
    loggdppercapita_1 |   .4240234   .1611814     2.63   0.009     .1075252    .7405216
                  dac |   1.330096   .5331558     2.49   0.013     .2831837    2.377009
                _cons |  -7.426423   3.784497    -1.96   0.050    -14.85772    .0048697
----------------------+----------------------------------------------------------------
              sigma_u |  .80162832
              sigma_e |  .93606485
                  rho |  .42309536   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 651) = 4.53                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. 
. asdoc xtreg logHAUSD logHAUSD1 logtotalYIO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 i.year, fe append nest

Fixed-effects (within) regression               Number of obs     =        689
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.4554                                         min =          1
     between = 0.7560                                         avg =       21.5
     overall = 0.6951                                         max =         26

                                                F(30,627)         =      17.48
corr(u_i, Xb)  = -0.2496                        Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3925376   .0356804    11.00   0.000     .3224702    .4626051
        logtotalYIO_1 |  -.0643406   .2471193    -0.26   0.795    -.5496223    .4209411
logdisasterdeathcolo1 |  -.0201547   .0182667    -1.10   0.270     -.056026    .0157167
      logtradevalue_1 |   1.578694   .3522457     4.48   0.000     .8869703    2.270419
    loggdppercapita_1 |   .3789012   .2083244     1.82   0.069    -.0301967    .7879992
                      |
                 year |
                1992  |  -.4588317   .2977472    -1.54   0.124    -1.043534    .1258708
                1993  |  -.3996254   .2944632    -1.36   0.175    -.9778788    .1786281
                1994  |  -.3573575   .2955962    -1.21   0.227    -.9378359     .223121
                1995  |  -.6201025   .3014749    -2.06   0.040    -1.212125   -.0280798
                1996  |  -.8808994    .305969    -2.88   0.004    -1.481747   -.2800515
                1997  |  -1.006484   .3132506    -3.21   0.001    -1.621632   -.3913371
                1998  |  -1.092576   .3248038    -3.36   0.001    -1.730411    -.454741
                1999  |  -.7497813   .3355855    -2.23   0.026    -1.408789   -.0907736
                2000  |  -1.180252   .3424219    -3.45   0.001    -1.852684   -.5078192
                2001  |  -1.533536   .3404381    -4.50   0.000    -2.202073   -.8649986
                2002  |  -1.248736   .3415336    -3.66   0.000    -1.919424   -.5780478
                2003  |  -1.199627   .3469665    -3.46   0.001    -1.880984   -.5182701
                2004  |  -1.145148   .3572383    -3.21   0.001    -1.846677   -.4436199
                2005  |  -.5233916    .378598    -1.38   0.167    -1.266865     .220082
                2006  |  -1.666093   .3909464    -4.26   0.000    -2.433816   -.8983705
                2007  |  -1.730302   .4179479    -4.14   0.000    -2.551049   -.9095552
                2008  |  -1.134845   .4437157    -2.56   0.011    -2.006194   -.2634964
                2009  |  -1.694686   .4497688    -3.77   0.000    -2.577921     -.81145
                2010  |  -1.038698   .4193799    -2.48   0.014    -1.862257   -.2151386
                2011  |  -1.485775   .4407197    -3.37   0.001    -2.351241   -.6203098
                2012  |  -1.980984   .4628506    -4.28   0.000    -2.889909   -1.072058
                2013  |  -1.734874   .4726649    -3.67   0.000    -2.663071   -.8066758
                2014  |  -1.312714   .4789946    -2.74   0.006    -2.253341   -.3720857
                2015  |  -1.514117   .4815241    -3.14   0.002    -2.459713   -.5685222
                2016  |  -1.755911   .4831489    -3.63   0.000    -2.704696   -.8071246
                      |
                _cons |  -33.52142   8.933269    -3.75   0.000    -51.06417   -15.97867
----------------------+----------------------------------------------------------------
              sigma_u |  1.1266206
              sigma_e |  .90271656
                  rho |  .60900661   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 627) = 4.54                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. asdoc xtreg logHAUSD logHAUSD1 logtotalYIO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 dac if logdensityNGO_1!=., fe ap
> pend nest

Fixed-effects (within) regression               Number of obs     =        646
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.3714                                         min =          1
     between = 0.8820                                         avg =       20.2
     overall = 0.7724                                         max =         26

                                                F(6,608)          =      59.88
corr(u_i, Xb)  = 0.3189                         Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3559236   .0377926     9.42   0.000     .2817038    .4301434
        logtotalYIO_1 |  -.2639159   .2498904    -1.06   0.291    -.7546689    .2268372
logdisasterdeathcolo1 |  -.0198417    .019187    -1.03   0.301    -.0575226    .0178391
      logtradevalue_1 |   .5182598   .2052671     2.52   0.012     .1151411    .9213784
    loggdppercapita_1 |   .5309069   .1675372     3.17   0.002     .2018851    .8599287
                  dac |   1.425116    .527867     2.70   0.007     .3884519     2.46178
                _cons |  -7.901559   4.165705    -1.90   0.058    -16.08248    .2793584
----------------------+----------------------------------------------------------------
              sigma_u |  .81465596
              sigma_e |  .92096653
                  rho |  .43897682   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 608) = 4.57                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. 
. asdoc xtreg logHAUSD logHAUSD1 logdensityNGO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 dac if logtotalYIO_1!=., fe ap
> pend nest

Fixed-effects (within) regression               Number of obs     =        646
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.3762                                         min =          1
     between = 0.8568                                         avg =       20.2
     overall = 0.7326                                         max =         26

                                                F(6,608)          =      61.12
corr(u_i, Xb)  = 0.3657                         Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3445105   .0380137     9.06   0.000     .2698564    .4191646
      logdensityNGO_1 |   -.716265   .2971549    -2.41   0.016     -1.29984   -.1326904
logdisasterdeathcolo1 |  -.0189022   .0190911    -0.99   0.323    -.0563947    .0185902
      logtradevalue_1 |   .8538702   .2565488     3.33   0.001     .3500409      1.3577
    loggdppercapita_1 |   .5302964      .1667     3.18   0.002     .2029188    .8576741
                  dac |   1.508264   .5250994     2.87   0.004     .4770354    2.539493
                _cons |  -15.26189    5.35214    -2.85   0.004    -25.77282   -4.750967
----------------------+----------------------------------------------------------------
              sigma_u |  .93562111
              sigma_e |   .9174378
                  rho |  .50981165   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 608) = 4.80                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. 
. asdoc xtreg logHAUSD logHAUSD1 logtotalYIO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 i.year if logdensityNGO_1!=., fe
>  append nest

Fixed-effects (within) regression               Number of obs     =        646
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.4407                                         min =          1
     between = 0.7781                                         avg =       20.2
     overall = 0.7204                                         max =         26

                                                F(30,584)         =      15.34
corr(u_i, Xb)  = -0.1963                        Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3712478   .0386687     9.60   0.000     .2953012    .4471944
        logtotalYIO_1 |  -.0843328     .25307    -0.33   0.739     -.581371    .4127055
logdisasterdeathcolo1 |  -.0115913   .0188918    -0.61   0.540    -.0486954    .0255127
      logtradevalue_1 |   1.545584    .372343     4.15   0.000     .8142896    2.276878
    loggdppercapita_1 |    .475598   .2188183     2.17   0.030     .0458314    .9053646
                      |
                 year |
                1992  |  -.5617938    .416321    -1.35   0.178    -1.379463    .2558749
                1993  |  -.5196114   .3985908    -1.30   0.193    -1.302457    .2632348
                1994  |  -.4910363    .401538    -1.22   0.222    -1.279671    .2975982
                1995  |  -.7361275   .3990373    -1.84   0.066     -1.51985    .0475954
                1996  |  -1.053102   .4027009    -2.62   0.009     -1.84402   -.2621838
                1997  |  -1.167266   .4105489    -2.84   0.005    -1.973598   -.3609336
                1998  |  -1.216623   .4219631    -2.88   0.004    -2.045373   -.3878728
                1999  |  -.8722702   .4293787    -2.03   0.043    -1.715585   -.0289557
                2000  |  -1.286932   .4352785    -2.96   0.003    -2.141834   -.4320301
                2001  |  -1.755736   .4388106    -4.00   0.000    -2.617575   -.8938965
                2002  |  -1.119886   .4415396    -2.54   0.011    -1.987085   -.2526871
                2003  |  -1.363892     .44747    -3.05   0.002    -2.242739   -.4850458
                2004  |  -1.331537   .4527323    -2.94   0.003    -2.220719   -.4423552
                2005  |  -.6509785   .4684482    -1.39   0.165    -1.571027    .2690698
                2006  |  -1.776888   .4800007    -3.70   0.000    -2.719626     -.83415
                2007  |   -1.86002   .5027891    -3.70   0.000    -2.847515   -.8725249
                2008  |  -1.279326   .5248548    -2.44   0.015    -2.310159   -.2484936
                2009  |  -1.833149   .5307321    -3.45   0.001    -2.875525   -.7907726
                2010  |  -1.171763   .5031702    -2.33   0.020    -2.160006   -.1835193
                2011  |  -1.619101   .5228634    -3.10   0.002    -2.646023   -.5921795
                2012  |  -2.120707   .5414542    -3.92   0.000    -3.184142   -1.057273
                2013  |  -1.889662   .5515753    -3.43   0.001    -2.972974   -.8063488
                2014  |  -1.460402   .5568421    -2.62   0.009    -2.554059   -.3667448
                2015  |  -1.649224   .5604024    -2.94   0.003    -2.749873   -.5485742
                2016  |  -1.881036   .5652545    -3.33   0.001    -2.991215   -.7708569
                      |
                _cons |  -33.15118   9.325048    -3.56   0.000     -51.4659   -14.83647
----------------------+----------------------------------------------------------------
              sigma_u |  1.0708843
              sigma_e |  .88638138
                  rho |  .59343537   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 584) = 4.43                     Prob > F = 0.0000
  
Click to Open File:  Myfile.doc

. 
. asdoc xtreg logHAUSD logHAUSD1 logdensityNGO_1 logdisasterdeathcolo1 logtradevalue_1 loggdppercapita_1 i.year if logtotalYIO_1!=., fe
>  append nest

Fixed-effects (within) regression               Number of obs     =        646
Group variable: ccode                           Number of groups  =         32

R-sq:                                           Obs per group:
     within  = 0.4436                                         min =          1
     between = 0.7271                                         avg =       20.2
     overall = 0.6883                                         max =         26

                                                F(30,584)         =      15.52
corr(u_i, Xb)  = 0.0608                         Prob > F          =     0.0000

---------------------------------------------------------------------------------------
             logHAUSD |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]
----------------------+----------------------------------------------------------------
            logHAUSD1 |   .3664058   .0386673     9.48   0.000     .2904618    .4423498
      logdensityNGO_1 |  -.5438921   .3097335    -1.76   0.080    -1.152219    .0644351
logdisasterdeathcolo1 |  -.0105452   .0188422    -0.56   0.576     -.047552    .0264616
      logtradevalue_1 |   1.709654   .3833182     4.46   0.000     .9568042    2.462504
    loggdppercapita_1 |   .4233065   .2203599     1.92   0.055     -.009488     .856101
                      |
                 year |
                1992  |  -.5970412   .4079655    -1.46   0.144    -1.398299    .2042171
                1993  |  -.5258644   .3913342    -1.34   0.180    -1.294458    .2427294
                1994  |  -.4795137    .393074    -1.22   0.223    -1.251525    .2924972
                1995  |  -.6906756   .3892765    -1.77   0.077    -1.455228    .0738767
                1996  |  -.9971889   .3924125    -2.54   0.011    -1.767901   -.2264772
                1997  |  -1.109038   .3995174    -2.78   0.006    -1.893704   -.3243724
                1998  |   -1.16183   .4108068    -2.83   0.005    -1.968668    -.354991
                1999  |  -.8085468   .4184066    -1.93   0.054    -1.630312    .0132181
                2000  |  -1.215575   .4243883    -2.86   0.004    -2.049088   -.3820619
                2001  |  -1.689659   .4259921    -3.97   0.000    -2.526323   -.8529964
                2002  |  -1.047755   .4289458    -2.44   0.015    -1.890219   -.2052905
                2003  |  -1.288725   .4331623    -2.98   0.003    -2.139471   -.4379795
                2004  |  -1.224962    .441229    -2.78   0.006    -2.091551   -.3583736
                2005  |  -.5493747    .456599    -1.20   0.229    -1.446151    .3474014
                2006  |   -1.66854   .4687285    -3.56   0.000    -2.589139   -.7479408
                2007  |  -1.745622   .4925543    -3.54   0.000    -2.713016   -.7782287
                2008  |  -1.160676   .5150775    -2.25   0.025    -2.172306   -.1490458
                2009  |  -1.698555   .5217784    -3.26   0.001    -2.723345   -.6737639
                2010  |   -1.00947   .4970202    -2.03   0.043    -1.985635   -.0333049
                2011  |  -1.449238   .5178569    -2.80   0.005    -2.466327   -.4321494
                2012  |  -1.938853   .5379536    -3.60   0.000    -2.995413   -.8822942
                2013  |  -1.698772   .5496473    -3.09   0.002    -2.778298   -.6192456
                2014  |  -1.261659   .5559095    -2.27   0.024    -2.353485   -.1698336
                2015  |  -1.446652   .5599374    -2.58   0.010    -2.546388   -.3469153
                2016  |   -1.69062   .5633462    -3.00   0.003    -2.797051   -.5841885
                      |
                _cons |  -35.70238   9.409002    -3.79   0.000    -54.18198   -17.22277
----------------------+----------------------------------------------------------------
              sigma_u |  1.1711132
              sigma_e |  .88413459
                  rho |  .63696175   (fraction of variance due to u_i)
---------------------------------------------------------------------------------------
F test that all u_i=0: F(31, 584) = 4.55                     Prob > F = 0.0000
  
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. log close
      name:  <unnamed>
       log:  C:\Users\Clara\Dropbox\Publications\hod_ JPR\Final_ISQ\Revisions\Final submission files\Final accepted\LOGS\HOD_Log_empiri
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 closed on:  16 Dec 2021, 15:49:59
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